TSXV:EPO.H - Post by User
Comment by
Asphalt20on Apr 26, 2013 11:40pm
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Post# 21309242
RE: RE: RE: Retiring young- Epo/Wpx
RE: RE: RE: Retiring young- Epo/Wpx Some of your " facts" are interesting (to say the least:
- "EPO needs $3.BILLION just to build phase one of their mine" , wrong , EPO needs 2 Billion to build there mine ,and there are no "phases" , it's just one mine and when it goes into production it produces 2.8 million tones/yr. Cost is recovered after 5 yrs. of production
- Ramp up to full production will take several years, not likely, it's a solution mine, solution mines are far simpler to operate then traditional under ground mines
- This is the one I like 10% interest!!!.....have you been living under a rock for 10 years? They MIGHT pay 2% interest if anything at all. If there getting the money from the government of India with the backing of Ottawa it will likely be interest free.
If you want in on EPO don't bash the company to try and buy it cheaper, just suck it up and pay 30 cents/ share because nobody is buying your BS